This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The reason why estimators have a sampling distribution is that A) economics is not a precise ... (Read 103 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Jun 29, 2018
The reason why estimators have a sampling distribution is that
 
  A) economics is not a precise science.
  B) individuals respond differently to incentives.
  C) in real life you typically get to sample many times.
  D) the values of the explanatory variable and the error term differ across samples.

Question 2

Using the fact that the standardized variable Z is a linear transformation of the normally distributed random variable Y, derive the expected value and variance of Z.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lindahyatt42

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: Z = Y = a + bY, with a = - and b = . Given (2.29) and (2.30) in the text, E(Z) = - + = 0, and .


laurencescou

  • Member
  • Posts: 593
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Phlebotomy. In this common procedure, a syringe needle punctures a vein, usually in the arm, and wit Phlebotomy. In this common procedure, a syringe needle punctures a vein, usually in the arm, and wit
Frequency distribution curve: interpatient variability in drug response. Frequency distribution curve: interpatient variability in drug response.
Global Distribution of Precipitation Global Distribution of Precipitation
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Distribution Patterns and Population Size Estimates (Bio 30) Distribution Patterns and Population Size Estimates (Bio 30)
Economics question Economics question
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library